- Advert ID: 406314
- (Seller ref: IRELAI200130 )
Distributor of Industrial Engineering Products. For Sale
SOLD (Subject to Contract)
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Summary
- Asking price:
- €700,000
- Sales revenue:
- €1,500,000
- Net profit:
- €210,000
- Years established:
- 1966
- Employees:
- FT: 4, PT: 1
- Relocatable:
- This business can be relocated.
Business description
Excellent opportunity to acquire a business which has been profitably supplying Mechanical Contractors, Plumbing Merchants and Builders Providers for forty years. The companies main product line are pumps which account for 70% of its sales with complimentary tools representing 25% of sales and servicing of pumps 5%. The company has enjoyed steady growth in both revenue and profitability over the past three years and is an ideal turnkey business for someone with a technical sales or business development background who has the energy and drive to realise the significant growth potential within the business. Alternatively the business could be incorporated as a complimentary product line with cross sales opportunities into an existing distribution company as the businness is relocatable and retention of the existing staff is not a pre-requisite to a sale.
Asking Price: € 700,000
Other information
- Reasons for selling:
- Owner is retiring.
- Financing available:
- Seller will consider a structured buyout.
- Inventory / Stock value:
- €40,000
Contact the seller
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